Expert Chaslau Koniukh
  • Companies
  • Global investment
  • Investors
  • Terminology
  • Economy
  • Stock Market
  • World exchanges
  • Tech and Marketing
Ted Turner
Investors and Entrepreneurs

Billionaire Ted Turner: a businessman biography

18.02.2023
2 min read

Ted Turner: the man who gave the world CNN

Ted Turner went down in U.S. history as the founder of the television channel CNN, whose main topic is news. The businessman has earned a fortune of over $9 billion and is on the list of the richest people in the United States. Interestingly, Turner is among the top 50 people who have had the greatest impact on the world of sports, although he has never been a famous athlete. The thing is that the highest positions in this rating are taken not by famous athletes, but by media tycoons who own the rights to broadcast matches and games.
The businessman was born in 1938 in Ohio. In one of his interviews, Ted said that his childhood heroes were his father and military leader Alexander the Great. And the parent became such an important personage for the boy, rather out of fear, as he regularly beat him. It should be noted that Turner’s childhood could not be called happy. He went to a school for military children, where he endured bullying from his classmates. Despite his tyrant father, Ted believes that it was he who taught him to follow his goal clearly.Ted Turner CNNAfter high school, Turner went to university, but he did not last long, as he was expelled after he was caught in bed with a girl. It was forbidden to bring ladies into the dorm room at that time. However, the real test for the young 24-year-old was the suicide of his father. Then he put all his energy into a new goal – to become rich.
In 1963 Turner moved to Atlanta, where he decided to concentrate his efforts on sports. He sailed and as team captain took the 1977 America’s Cup championship. At the same time, Ted was building his own business. By 1978 he had everything he needed to be professionally successful. At 40, Turner owned baseball and basketball teams in Atlanta, a television company, and a radio station. In addition, the businessman had a family and five children who led quite a public life.
Ted became a pioneer in the world of television, it was his company that in 1970 began broadcasting through satellite communication and broadcasting various sports events. However, Turner decided not to stop there, and in 1978 he invested $100 million in a new channel, which was to broadcast news around the clock. It was the well-known CNN. And no one believed in his idea, even those close to him. Experts thought the project was a failure from the beginning, but Turner proved it wrong. In 1980 CNN started broadcasting and started to make high profits a few years later. Eight years later Ted bought CNN and after it was sold to Time, he took over as a vice president and got a 10 percent stake in the business.
Now Turner simply enjoys life, supports charitable projects, and is engaged in investment activities.

Tags: Investors and Entrepreneurs
0
Previous Post The Walt Disney Company: the history of the legendary media empire Next Post Food security: how Singapore intends to reduce its dependence on imports

You Might Also Like

Sergey Brin biography of one of the founders of Google
Investors and Entrepreneurs
Sergey Brin: biography of the man who gave the world Google
02.03.2022
Roy Neuberger
Investors and Entrepreneurs
Roy Neuberger: American collector of modern art
07.04.2023
Geraldine Weiss
Investors and Entrepreneurs
Biography of Geraldine Weiss: how a woman managed to become successful in the world of men
01.01.2022
Abigail Johnson
Investors and Entrepreneurs
Abigail Johnson: one of the world’s most powerful women
10.06.2023
Pavel Durov
Investors and Entrepreneurs
Programmer and businessman Pavel Durov: the story of the founding of VKontakte
24.07.2022
Warren Buffett
Investors and Entrepreneurs
Warren Buffett: the success story of the founder of Berkshire Hathaway
09.08.2022

Recent Posts

  • 1Padmasree Warrior business
    Businesswoman Padmasree Warrior’s career path
    26.09.2023
  • 2Raytheon
    How the Raytheon Company gave the world microwaves and the Patriot system
    24.09.2023
  • 3Forex drawdown
    Forex drawdown and why you shouldn’t be afraid of it
    22.09.2023
  • 4investment in Turkey's steel industry
    Yıldız increases investment in the Turkish steel industry
    20.09.2023
  • 5Abu Dhabi Exchange
    The Abu Dhabi Exchange has created ideal conditions for the IPO of an Adnoc unit
    18.09.2023

Popular Posts

  • Skolkovo analysts: the Russian energy market is suffering losses
  • Analysts: Egypt’s economy to continue falling in 2023
  • Businessman Chuck Feeney: the man who gave the world Duty Free
  • Field of activity of the American Monsanto Company Corporation

Social media

Editor's Picks

Chaslau Koniukh
Analytics

American bankers from JPMorgan and Goldman Sachs advise to invest in gold: review by Chaslau Koniukh.

Press Secretary
17.08.2020
Expert Chaslau Koniukh
Analytics

Chaslau Koniukh on the analysts’ opinion on the key stake size change soon

Press Secretary
18.06.2020
expert Chaslau Koniukh
Analytics

Chaslau Koniukh: Internet trade market in Russia may reach 2.78 trillion rubles.

Press Secretary
30.05.2020
Will the U.S. oil shale industry be able to quickly recover from the crisis: A Review by Chaslau Koniukh
Analytics

Will the U.S. oil shale industry be able to quickly recover from the crisis: A Review by Chaslau Koniukh

Press Secretary
16.05.2020

Latest Posts

Padmasree Warrior business
Businesswoman Padmasree Warrior’s career path
26.09.2023
Raytheon
How the Raytheon Company gave the world microwaves and the Patriot system
24.09.2023
Forex drawdown
Forex drawdown and why you shouldn’t be afraid of it
22.09.2023

Chaslau Koniukh

Expert Chaslau Koniukh

Chaslau Koniukh – an expert in marketing and project management, IT consulting, international investments, investor, financial analyst. A commodity trader, private consultant, entrepreneur, lecturer, author of several articles on the stock market.

Popular Posts

  • Skolkovo analysts: the Russian energy market is suffering losses
  • Analysts: Egypt’s economy to continue falling in 2023
  • Businessman Chuck Feeney: the man who gave the world Duty Free
  • Field of activity of the American Monsanto Company Corporation
  • How the Russian stock markets emerged and developed
Expert Chaslau Koniukh
  • Facebook
  • Twitter
  • Instagram
  • Biography

Chaslau Koniukh – an expert in marketing and project management, international investments, financial analyst.

Social media

Menu

  • Biography
  • Companies and corporations
  • Global investment
  • Investors and Entrepreneurs
  • Economy
  • Market terminology
  • Stock Market
  • World exchanges
  • Tech and Marketing
  • Analytics